Gold and Diamond Park Free Zone Dubai
Business Setup in Gold and Diamond Park Free Zone Dubai
Gold and Diamond Park Free Zone is one of the best locations if you wish to start a manufacturing or retail jewellery business. The free zone was established in the year 2011 and since then, it has attracted several tourists every day, who come here to buy world’s finest gemstones, precious metals, and exclusive range of jewellery.
One of the noteworthy things about the Gold and Diamond Part Free Zone is its strategic location. Located on the Sheikh Zayed Road, the Free zone is the jewellery manufacturing and retail hug that’s always loaded with numerous buyers. These buyers come here to get a treat of custom-made, skillfully crafted jewellery, made by experienced asrtisans.
Overall, there are ninety retailers and brands and you can get added to the list by setting up your business here with the help of Business Setup HQ.
Best-Suited Activities in Gold and Diamond Park Free Zone
As the name suggests, Gold and Diamond Park Free Zone is only available for activities related to jewellery, precious gems, and high-end personal accessories. You can engage in retail and manufactuing activites in jewellery industry. You can also provide professional services. However, one needs to obtain professional license of that. Lastly, one can also setup e-commerce platform.
Business Benefits in Gold and Diamond Park Free Zone, Dubai:
Owning a business in the Gold and Diamond Park is an absolute pleasure for small businesses as well as renowned brands. That's obviously because of huge amount of flow of locals and tourists who provide extraordinary business to these jewellery retailers and manufacturers, On top of that, there are several other benefits which are:
• It offers complete foreign ownership.
• Located within the heart of Dubai
• It allows 100% repatriation on profits and capital.
• It is free from corporate and personal income tax.
• It gives 24x7 operational freedom.
• There is no restriction in hiring foreign employees.
• The central air conditioning system that makes it even more great to experience.
• It is made extremely safe and secure via cameras, security personnel, fire alarms and other defense systems available 24x7.
• Healthy work culture with healthy work environment and ambience.
• Efficient and convenient transportation facilities between hotels and the park.
Types of Licences at Gold and Diamond Park Free Zone Dubai:
• Trading License- To carry out any commercial activity in the Gold and Diamond Free Zone, acquiring a trading license proves to be helpful. It acts as a pass to continue trade anywhere in the park.
• Service License- A service license is similar to a trading license. It acts as a gateway for any individual, firm, or organization to provide different services.
• National Industrial License- A national industrial license helps in setting up of any industry in the gold and diamond park.
• Manufacturing License- Any manufacturing activity can be carried out with the help of a manufacturing license.
• Retail License- Setting up a retail outlet in the Gold and Diamond Park requires this license as the part of the initial process.
• E-Commerce License- Like any other license and business, e-commerce trade demands the acquirement of this license.
The procedure of Company Formation in the Gold and Diamond Park, Dubai:
Company formation in the Gold and Diamond Park can be a complicated process if you do it yourself. Rather than that, you can reach our team and let us handle the GDP free zone company setup for you. You only need to tell your requirements and activities you want to perform.
We will submit your application to the concerned authorities and apply for the license. Besides that, we can also support you in searching the perfect space and getting lease agreement for that.
After you make the required payment, you will get the license and your space, ready for the business.
Lastly, if you need support in visa for your employees, we will perform that too. Without any hassle, you can get your business started when you have Business Setup's HQ's support.
Documents Required for Company Formation in Dubai Gold and Diamond Park
• Passport Copies of all the shareholders.
• Resolution of Board regarding establishment of business in Gold and Diamond Park, Dubai.
• Passport Copy, and CV of manager appointed by the business.
• Memorandum of Association.
• Article of Association.
• Lease agreement for the commercial space taken on rent.
• Company License
• Business Registration Documents of the parent company.
Start Your Business in Gold and Diamond Park, Dubai With Business Setup HQ.
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